Author: Seoul Reporter

Actor Jun Ji-hyun has determined to step down from the upcoming drama tentatively titled “Koreans.”Her company, Peach Firm, mentioned Tuesday that “‘Koreans’ was one among a number of initiatives into consideration, however she has finally determined to not take part.”The collection is an adaptation of FX’s hit American spy drama “The People,” reimagined in opposition to the backdrop of Korea’s army dictatorship period reasonably than the Chilly Battle. The drama shall be directed by Ahn Gil-ho, recognized for “Stranger” (2017) and “The Glory” (2022), and can star Lee Byung-hun.Jun was provided the position of Lee’s spouse, marking what would have…

GYEONGJU, KOREA/WASHINGTON, D.C. – Kristalina Georgieva, managing director of the Worldwide Financial Fund (IMF), has known as on South Korea to overtake its inflexible labor market to adapt to sweeping adjustments pushed by synthetic intelligence, warning that as a lot as 60% of jobs in superior economies may quickly be affected.“Synthetic Intelligence is already reworking the best way we work, the best way we dwell, the best way we talk with one another,” Georgieva informed The Korea Financial Each day in an unique interview in Gyeongju on Nov. 1 on the sidelines of the APEC Summit. “In superior economies, 60%…

BEIJING — China mentioned on Wednesday it could lengthen the suspension of an extra 24 % tariff on U.S. items for one yr, preserving a ten % blanket tariff in place.An announcement printed on the Ministry of Finance web site, citing Beijing’s State Council, mentioned that “for one yr the 24 % tariff on U.S. items will proceed to be suspended, (and) a ten % tariff on U.S. items will stay”.The assertion mentioned the suspension follows “the consensus reached within the China-U.S. financial and commerce consultations” and could be efficient from November 10.Chinese language chief Xi Jinping and U.S. President…

No particular particulars have been mentioned with the US relating to Korea’s plan to develop a nuclear-powered submarine, together with whether or not will probably be constructed at a U.S. shipyard, Protection Minister Ahn Gyu-back stated Wednesday.The protection minister’s feedback stand in distinction with U.S. President Donald Trump’s earlier announcement that the vessel can be constructed at Hanwha Philly Shipyard in Philadelphia, which is owned by Korea’s Hanwha Ocean. Ahn additionally implied his help for the submarine to be constructed right here, signaling a possible dispute between the 2 nations over the place to assemble it.His feedback got here after…

President Lee Jae Myung delivers a finances speech earlier than the Nationwide Meeting on Nov. 4, 2025. (pool photograph) South Korean President Lee Jae Myung issued a name Tuesday for cooperation throughout get together traces to go a 2026 finances by the legally established deadline, calling it the “first finances plan ushering within the AI period.”In a presidential tackle on the 2026 finances plan delivered on the Nationwide Meeting that day, Lee requested for the plan’s passage inside the deadline.“Simply as President Park Chung-hee set down the industrialization freeway and President Kim Dae-jung created the freeway for informatization, we now…

(Screenshot captured from Hyosung TNC web site) Hyosung TNC Corp., the world’s largest spandex producer, is dealing with an sudden downside: The stretchy fiber that powered the athleisure revolution is dropping enchantment among the many subsequent era of customers preferring their exercise garments dishevelled.In current weeks, the South Korean firm’s third-quarter working revenue estimates have been lower repeatedly. NH Funding & Securities Co. revised down its estimate for the textile large’s working revenue from 79 billion gained ($54.5 million) to 75 billion gained in late October. Hana Securities Co. went additional, reducing its forecast to 59.5 billion gained, roughly 25%…

TVXQ’s U-Know Yunho speaks throughout a press convention for his first full-length solo album, ″I-Know,″ in southern Seoul on Nov. 5. [YONHAP]   Past the glitz and glamor of present enterprise lies an arduous journey, one marked by quite a few sleepless nights behind the scenes. Few would know that higher than U-Know Yunho of Okay-pop legend TVXQ.   Now in his twenty second yr within the business, the singer is ultimately releasing his first full-length solo album, “I-Know,” which delves into the distinction between his onstage persona and his true self. The file is constructed across the idea of…

Shenzhen’s choice because the host metropolis for the 2026 Asia-Pacific Financial Cooperation (APEC) summit highlights Beijing’s dedication to openness and its ambition to showcase town’s innovation-driven progress on the worldwide stage.Saying the choice on the conclusion of the 2025 APEC summit in Gyeongju, North Gyeongsang Province, Chinese language President Xi Jinping described Shenzhen as “an vital window to China’s unwavering pursuit of a mutually helpful and win-win opening-up technique.”Set to happen in November 2026, it’s going to mark the third time China has hosted the summit, after it was held in Shanghai in 2001 and Beijing in 2014. Xi emphasised…

51st version opens with experimental work reimagining misplaced Korean cinema traditional “Pricey You, Unrelated” (SIFF) The 51st Seoul Unbiased Movie Competition will elevate its curtain with “Pricey You, Unrelated,” an experimental movie that reimagines Park Nam-ok’s 1955 traditional “The Widow,” and Korea’s first function directed by a lady.The opening work originated from an exhibition mission centered on Park and her sole surviving movie. Administrators Sohn Koo-yong and Lee Jong-su led the inventive endeavor, which picks up the place “The Widow” left off, filling within the misplaced denouement by way of their creativeness.”We had been requested to revive the lacking components…

Zhang Lei, founder and chairman of Hillhouse Funding, throughout the International Monetary Leaders’ Funding Summit in Hong Kong, China, on Wednesday, Nov. 5, 2025. Bloomberg | Getty PicturesAsia-focused personal fairness managers are turning extra bullish on the world’s second-largest financial system, betting on Beijing’s drive for technological self-sufficiency and fast adoption to ship the subsequent part of development.Jean Eric Salata, chairman of EQT Asia, mentioned that the strategic priorities outlined in Beijing’s new five-year plan are poised to deepen China’s edge in superior manufacturing, bolster funding in know-how and synthetic intelligence, and enhance consumption.”I am really bullish on China —…